GEICO is seeking highly-motivated individuals committed to an actuarial career to join us as an Actuarial Assistant. This career track is well suited for mathematics, economics and actuarial science majors, or those majoring in a related field emphasizing strong quantitative and analytical skills.
We offer opportunities in two key areas – pricing and reserving. As a pricing actuary, you will assist in setting rates for our various insurance products. In reserving, you’ll help determine the amount of money GEICO needs to hold in reserve in order to make future payments on existing claims. Many actuaries rotate between the pricing and reserving areas to develop a well-rounded company and career perspective.
Actuaries make proposals to assist the company with properly managing its risk. On a typical day, this may include extracting and analyzing premium and loss data, using computer and statistical programs, evaluating results for reasonability and communicating observations to various teams to help achieve bottom-line goals.
For more information and to apply, search the position in Careers4Terps, ID # 165271
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